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1575 County Road B
Platteville, WI 53818

$3,000,000 USD

Warehouse For Sale  •  22,599 SF

Property Details

  • Property Type Warehouse
  • Total Building Size 21,175 SF
  • Lot Size 6.34 AC
  • Building Class B
  • Year Built 1990
  • Cap Rate 8.90 %
  • Zoning M3 - Mixed Use Commercial
40 Walk Score

Highlights

±21,175 SF office building, 100% leased through November 30, 2033, generating $266,963 NOI with 2.50% annual rent increases and over a 10% day-one cas
Investment-grade tenancy with Belcan, acquired by publicly traded Cognizant (NASDAQ: CTSH)
Tenant has occupied the Property since 2003 and executed multiple lease extensions, demonstrating long-term commitment
Prime Highway 151 location with access to Madison, Dubuque, and surrounding Midwest markets
0% vacancy among comparable 10,000–30,000 SF Platteville office buildings
Nearby University of Wisconsin–Platteville provides a steady engineering and technology workforce

Property Flyers

Financial Summary (Actual)

Net Operating Income: $266,964 USD (2025)
Cap Rate: 8.90 %
Peter Doughty 312-327-5470 Marcus & Millichap
Peter Doughty 312-327-5470 Marcus & Millichap